Claiming R&D Tax Credits With Confidence
Comprehensive. Compliant. Clear. Our reports give financial directors confidence in their claim.
An R&D tax report that provides compelling technical narrative, financial clarity and peace of mind.
Having defended a client’s seven-figure claim, we realised a core issue in the R&D tax credit scheme – Traditional reports using the additional information form fail to address key questions raised by HMRC during compliance checks. Companies claiming are left having to navigate conversations with HMRC, leading to claim reductions and putting future years claims in jeopardy. Realising this prompted an overhaul in how our reports are written, they’re now designed to proactively answer those questions, ensuring your claim is well positioned from the start.
Financial directors deserve R&D tax reports that offer more than just technical narrative. They deserve clarity and peace of mind.
We’re now offering a report that addresses potential enquiry questions from HMRC, while maintaining meticulous technical narrative, strict adherence to PCRT guidelines, and clear financial breakdowns – everything you need to feel confident in your R&D tax submission.
The new standard of R&D reports
We’ve adapted the structure of our report in response to the recent industry developments to keep up to date with HMRCs regulations.
Each section of our report has its place in a submission, adding an extra layer of assurance to our clients.
Why do Businesses Choose Wilby Jones?
Reports tailored to HMRC's new process
Recent statistics from HMRC reveal a sharp rise in claim inquiries, now exceeding 20% of all submissions. This increased scrutiny highlights the critical importance of partnering with an R&D advisor equipped to support you throughout the entire process, not just during the initial claim preparation.
With significant changes in R&D tax relief legislation over the past 18 months, most notably the mandatory AIF in August 2023 and the merging of the RDEC and SME scheme in April 2024 there is also a further layer of complexity in the claim process. Relying solely on a basic submission using the HMRC AIF guidelines can be risky in this evolving climate, these guidelines may inadvertently lead to missing out on qualifying costs, and potentially triggering enquiries due to incomplete or inaccurate information.
Our R&D tax claim service provides you with end-to-end support, clarity in your claim value changes under the new scheme and most importantly a report that is proactive under the new guidelines.
Peace of mind during exits and IPOs
CFOs considering funding rounds, exits or other scenarios where due diligence checks are necessary face an issue: HMRC typically has up to 4 years to check for suspected R&D claim errors, creating significant overhead and uncertainty whilst the period lapses.
Escrowed R&D benefits, a common practice in these scenarios, can further complicate access to capital during a time when you need it most. Using our current format, under HMRCs own legislation it is possible for us to reduce the enquiry window to just 15 months, providing a smoother exit strategy for businesses considering this route.
Your Reputation On the Line
Since August 2023, HMRC has required all R&D tax credit documents to be checked and signed by a named officer of a claiming organisation. With your reputation effectively advertised on the front page of the document you need to be certain what you are signing meets your own professional standards.
Every section of technical narrative within our reports contains strict adherence to the legislation and references the relevant guidelines (CIRD, DSIT, CTA, Finance Act and GfC3) creating a justified, comprehensive report that you can be confident in submitting.
Key Points
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Comprehensive Enquiry Defense
Wilby Jones has always offered and will continue to offer, fully inclusive enquiry defence support. Reflecting both our confidence in the quality of our work and the dedication we have to protecting our clients claims. -
Experience that can be Relied Upon
Our team of tax advisors boasts decades of industry experience, along with the CPA and MAAT qualifications that have been earnt during this time. -
Helping At Every Stage of the Journey
Ingrained within our company philosophy is the idea of helping businesses reach their growth potential, having helped both start-ups and international companies alike access government schemes. Whether you've never claimed before, or you're looking at how to alter your next submission with an IPO in mind, we're here to support your business.
Is your R&D submission putting you at risk?
We’ve spoken with hundreds of CFOs and a common theme emerged: uncertainty about where their R&D tax process might be lacking. To help, we’ve compiled the most frequent challenges CFOs face into a short, insightful assessment, designed specifically for finance leaders managing R&D activities. By taking just a few minutes you’ll gain valuable insights into areas where your current R&D tax process could be improved.
About Us
Wilby Jones stands as a leading tax and funding consultancy in the UK.Â
We’ve supported hundreds of clients since our inception in 2019, from startups to established public companies in claiming government tax incentives and accessing grant programs, gaining a reputation as a trusted innovation partner during this time. Our suite of R&D services has gradually expanded to now include Tax Credits, Grant Funding, Patent Box, and Management Accounting. Allowing us to meet the needs of clients at all stages of their business journey; from inception to exit.
Our Process
Meet Our R&D Team
At the heart of all our services is our senior team, overseeing every submission, application, and proposal.
Latest News & Insights From Our Experts
Our senior team dives deep into the current industry landscape, sharing their insights with you.
